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GLITZKOIN is a highly advanced blockchain based diamond trading platform with a crypto currency to facilitate smooth financial settlements, with a strong focus on transparency and security. The GLITZKOIN diamond platform is the first major overhaul of the diamond industry in decades. Our platform provides for immediate access for new and existing diamond buyers to connect with existing sellers anywhere in the world. The GLITZKOIN project delivers a high utility blockchain that, provides a win-win trading platform for both diamond buyers and sellers. Detailed records are maintained in a tamper proof environment. Backed by our cryptocurrency, we are poised to define a new and superior standard for diamond trading.